Something about this just seems wrong. Somehow Facebook has the reputation (at least to me) as being this untouchable private community. The idea of an aquisition of such a private community is mind blowing in 2 ways:
1. The Bad: you only have an audience of 18-23 year olds
2. THE GOOD: you only have an audience of 18-23 year olds!
Business Week is reporting that Facebook has turned down a $750 million acquisition offer and is looking for $2 billion. The blogosphere is buzzing about the news.
The source of the information is an executive(s) at Facebook, which as a private company is fairly free to say just about whatever it likes with regard to acquisitions. And what they are doing is clearly playing Business Week to get the word out that they are very much for sale.
